{"id":9411,"date":"2023-08-10T08:19:48","date_gmt":"2023-08-10T08:19:48","guid":{"rendered":"https:\/\/distilinfo.com\/healthplan\/?p=9411"},"modified":"2023-08-10T08:19:48","modified_gmt":"2023-08-10T08:19:48","slug":"premium-decreases-expected-in-4-states-for-aca-coverage-in-2024","status":"publish","type":"post","link":"https:\/\/distilinfo.com\/healthplan\/premium-decreases-expected-in-4-states-for-aca-coverage-in-2024\/","title":{"rendered":"Premium Decreases Expected in 4 States for ACA Coverage in 2024"},"content":{"rendered":"
In 2024, while ACA premiums are projected to rise by 2-10%, data from the KFF-Petersen Health System tracker indicates a contrary trend in four states. Insurers in Arizona, Idaho, Iowa, and Alabama are proposing average individual premium decreases, ranging from -0.46% to -3.67%. Conversely, Delaware, Nevada, New Hampshire, and Wyoming are looking at minor average premium hikes of under 1%.<\/p><\/blockquote>\n
While many states are bracing for an anticipated rise in ACA premiums come 2024, recent data sourced from the KFF-Petersen Health System tracker suggests that a majority of insurers are outlining rate hikes ranging from 2 to 10 percent.<\/p>\n
In a notable departure from this pattern, a quartet of states is poised to defy the trend, as insurance providers within their borders are tabling proposals for decreasing average individual premium costs.<\/p>\n
The following states are positioned to experience a reduction in average premium expenses:<\/p>\n
1. Arizona
\nAverage Percentage Decrease: -0.46<\/p>\n2. Idaho
\nAverage Percentage Decrease: -1.10<\/p>\n3. Iowa
\nAverage Percentage Decrease: -1.25<\/p>\n4. Alabama
\nAverage Percentage Decrease: -3.67<\/p>\nConversely, a separate set of four states\u2014namely Delaware, Nevada, New Hampshire, and Wyoming\u2014have witnessed payers suggesting an average premium uptick of less than 1 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"